Colgate-Palmolive Co [NYSE: CL] stock went on a downward path that fall over -0.56% on Wednesday, amounting to a one-week price decrease of less than -4.28%.
Over the last 12 months, CL stock dropped by -3.57%. The one-year Colgate-Palmolive Co stock forecast points to a potential upside of 11.67. The average equity rating for CL stock is currently 2.18, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $71.04 billion, with 810.42 million shares outstanding and 809.04 million shares in the current float. Compared to the average trading volume of 5.36M shares, CL stock reached a trading volume of 4197968 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Colgate-Palmolive Co [CL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CL shares is $99.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CL stock is a recommendation set at 2.18. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Colgate-Palmolive Co shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 28, 2024. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Overweight. The new note on the price target was released on September 24, 2024, representing the official price target for Colgate-Palmolive Co stock. Previously, the target price had yet another raise to $100, while Wells Fargo analysts kept a Underweight rating on CL stock. On September 09, 2024, analysts increased their price target for CL shares from 107 to 109.
The Price to Book ratio for the last quarter was 195.70, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for CL in the course of the last twelve months was 20.49 with Quick ratio for the last quarter at 0.54.
CL Stock Performance Analysis:
Colgate-Palmolive Co [CL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.28. With this latest performance, CL shares dropped by -2.88% in over the last four-week period, additionally plugging by 0.64% over the last 6 months – not to mention a drop of -3.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CL stock in for the last two-week period is set at 37.37, with the RSI for the last a single of trading hit 1.45, and the three-weeks RSI is set at 1.51 for Colgate-Palmolive Co [CL]. The present Moving Average for the last 50 days of trading for this stock 90.49, while it was recorded at 88.97 for the last single week of trading, and 92.25 for the last 200 days.
Insight into Colgate-Palmolive Co Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Colgate-Palmolive Co [CL] shares currently have an operating margin of 22.30% and a Gross Margin at 60.73%. Colgate-Palmolive Co’s Net Margin is presently recorded at 14.52%.
Return on Equity for this stock inclined to 17.44%, with Return on Assets sitting at 17.44%. When it comes to the capital structure of this company, Colgate-Palmolive Co [CL] has a Total Debt to Total Equity ratio set at 22.78.
Reflecting on the efficiency of the workforce at the company, Colgate-Palmolive Co [CL] managed to generate an average of $85294.12 per employee.Colgate-Palmolive Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.54 and a Current Ratio set at 0.85.
CL Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Colgate-Palmolive Co go to 5.71%.
Colgate-Palmolive Co [CL] Institutonal Ownership Details
There are presently around $86.25%, or 86.40% of CL stock, in the hands of institutional investors. The top three institutional holders of CL stocks are: VANGUARD GROUP INC with ownership of 80.32 million shares, which is approximately 9.7983%. BLACKROCK INC., holding 61.62 million shares of the stock with an approximate value of $$5.98 billion in CL stocks shares; and BLACKROCK INC., currently with $$4.53 billion in CL stock with ownership which is approximately 5.6913%.
